Lean hog futures are posting $1.10 to $1.90 gains in most contracts on Monday. The CME Lean Hog Index was down 29 from the previous day @ $68.99 on October 11. The USDA pork carcass cutout value was $1.41 higher on Monday morning report at $81.46. The national base hog carcass value was $1.03 lower at a weighted average of $60.37 this morning. Weekly FI hog slaughter was estimated at 2.489 million head. That was down 14,000 head from last week and 23,000 head below the same week last year.

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